Topic: U.S. Federal Reserve
com, I began an e-mail exchange with a reader in the banking industry in Ohio. Bill Flax appreciated my constant rants about the weak dollar, harmful government intervention and other barriers to growth, and soon enough he began submitting columns on similar ...
The Great Depression, one of the worst blows to the world economy, serves as a prime example of how vulnerable markets can be. The stock market crash of 1929, usually cited as the beginning of the Great Depression, was preceded by the ...
A credit shock occurs when there is a swift reduction in the availability of loans (credit) or a sharp increase in the costs of getting new loans from banks. With interest rates being low and lending standards very easy, many individuals who ...
It's the 1970s, and the stock market is a mess. Therefore, they overwhelmingly re-elected their Republican President Richard Nixon, and their Democratic Congress in 1972; Nixon, the Congress and the Federal Reserve failed them.. In 1972, for example, both Congress and Nixon ...
During an economic downturn it seems investors and consumers are always fixated on the state of our economy and as a result, the focus is on next day, next week and next month. Inflation Defined However, along with economic healing comes a ...
Total Industrial Production was unchanged in September, which was well below the expected 0.3% increase. In September, total production fell by 0.2%, reversing a 0.2% increase in August. It rose 0.5%, and the September decrease was revised to down to 0.1% from ...
U.S. October Industrial Production was unchanged, according to the Federal Reserve, disappointing market expectations of a 0.3% increase. I note that the rebound in manufacturing activity following the 2008-09 recession has been much stronger than the rebound following the 2001 recession, even ...
Stagflation is term that describes a " The economists at the Fed were diehard Keynesians who believed in something called the Phillips Curve. The Fed decided to use its monetary policy to increase overall demand for goods and services and keep unemployment ...
On Jan. 21, 2008, stock prices tumbled around the world. Ironically, economic conditions in the United States were affecting the world economy on a day when its own markets weren't even in session -- they were closed for the Martin Luther King ...
But it's not a stocking full of ashes left by the Grinch either.. Technically, the US has been in recovery in the new cycle for 15 months, without much to show for it. Using history, sometimes questionable, the US is one-fourth through ...